L&T bags contracts worth Rs 2,521 crore in Dec

Mumbai, Jan 05, 2015 – Engineering firm Larsen & Toubro (L&T) today said it bagged contracts worth Rs 2,521 crore in its building and factories business in both domestic as well as international markets this month.

The company’s overseas subsidiary L&T Oman from the ministry of transport and communications, Sultanate of Oman, has secured an order for the construction of a new passenger terminal at Duqm Airport in Oman, a release issued here said.

The scope of work includes constructing a modern passenger terminal building with a capacity to handle 500,000 passengers per annum, a 37-metre high air traffic control tower, and an air cargo terminal equipped to handle 25,000 tonnes of cargo per annum.

The subsidiary also bagged an order from Oman Tourism Development Company (OMRAN), the Sultanate’s leading tourism and mega real-estate developer, for the turnkey construction of a 4-star hotel at Oman Exhibition and Convention Centre.

In the domestic market, the company secured a contract from a developer for construction of residential apartments at Bangalore. The scope of works includes civil, structural, mechanical, electrical, plumbing and finishing works, the release said.

Besides, it has also received a contract from another developer for constructing 10 high-end residential towers in Mumbai. The scope includes civil, structure and associated works. PTI